Ascent Solar Debuts Newest EnerPlexTM Product

THORNTON, Colo.--(BUSINESS WIRE)-- Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a manufacturer of state-of-the-art, flexible thin-film photovoltaic modules, announced today the release of the company's newest consumer product, the EnerPlex Kickr IV, now available for sale on www.EnerPlex.biz/Kickr.

The EnerPlex Kickr IV is a rugged, lightweight and compact solar charging solution, perfect for a day at the beach, a week in the backcountry, a picnic in the park or even placed on the dashboard driving to work. The durable and lightweight attributes of the product set it apart from competitors using traditional rigid, heavy and fragile crystalline-based solar panels.

To view a commercial video and pictures of this exciting new product as well as product specifications, please visit www.EnerPlex.biz/Kickr.

Victor Lee, Ascent's President & CEO, said, "The EnerPlex Kickr IV brings to consumers the ability to transform the way they charge and use electronics in their everyday lives. EnerPlex Kickr IV users no longer need to be on lookout for the nearest outlet, or plan their day around a phone's battery life."

In support of the ongoing relief efforts being conducted along the East Coast in the wake of Superstorm Sandy, Ascent Solar has pledged 10% of revenues beginning today, through the end of the year from its EnerPlex product line to support the American Red Cross as they help families recover from this devastating tragedy.

Mr. Lee continued, "We are saddened by the devastating effects of Superstorm Sandy, but are encouraged by the support and efforts of friends, neighbors and families as all help to recover from this tragedy. We at Ascent feel thankful that we have the opportunity to help the American Red Cross in their support and recovery efforts."

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand-alone modules for large scale terrestrial deployment. Ascent Solar is headquartered in Thornton, Colorado. For more information, go to www.AscentSolar.com.

About EnerPlex:

The EnerPlex brand represents Ascent Solar's line of consumer products. These products, many of which are integrated with Ascent Solar's transformational CIGS technology, provide consumers with the ability to integrate solar into their everyday lives, while enabling them to free themselves and their electronics from the outlet. For more information on the EnerPlex brand and to see the product line, please visit www.EnerPlex.biz.

Forward Looking Statements

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with the Securities and Exchange Commission.